Avantax Planning Partners Inc. Sells 17,284 Shares of SPDR Portfolio S&P 500 Value ETF $SPYV

Avantax Planning Partners Inc. trimmed its stake in SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 3.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 562,989 shares of the company’s stock after selling 17,284 shares during the period. SPDR Portfolio S&P 500 Value ETF comprises approximately 0.9% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 22nd biggest position. Avantax Planning Partners Inc. owned approximately 0.10% of SPDR Portfolio S&P 500 Value ETF worth $31,150,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPYV. Allworth Financial LP boosted its holdings in SPDR Portfolio S&P 500 Value ETF by 2.6% in the second quarter. Allworth Financial LP now owns 16,630,130 shares of the company’s stock valued at $870,421,000 after acquiring an additional 422,591 shares during the last quarter. Valmark Advisers Inc. raised its holdings in SPDR Portfolio S&P 500 Value ETF by 2.9% during the 3rd quarter. Valmark Advisers Inc. now owns 8,508,257 shares of the company’s stock worth $470,762,000 after purchasing an additional 236,642 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio S&P 500 Value ETF by 5.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,191,638 shares of the company’s stock worth $376,410,000 after purchasing an additional 390,643 shares during the period. Bank of America Corp DE boosted its stake in shares of SPDR Portfolio S&P 500 Value ETF by 5.5% in the 2nd quarter. Bank of America Corp DE now owns 6,478,462 shares of the company’s stock valued at $339,083,000 after purchasing an additional 337,506 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 1.4% during the second quarter. Raymond James Financial Inc. now owns 5,821,052 shares of the company’s stock worth $304,674,000 after buying an additional 80,477 shares during the period.

SPDR Portfolio S&P 500 Value ETF Stock Down 0.4%

Shares of NYSEARCA SPYV opened at $57.93 on Monday. The company has a market capitalization of $32.17 billion, a PE ratio of 20.50 and a beta of 0.89. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $44.39 and a twelve month high of $58.50. The firm has a fifty day simple moving average of $57.05 and a 200 day simple moving average of $55.46.

SPDR Portfolio S&P 500 Value ETF Company Profile

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.